November 14, 2018 White Oak Healthcare Finance Provides $190 Million Financing for BM Eagle’s 17 SNF Portfolio SAN FRANCISCO–(BUSINESS WIRE)–White Oak Healthcare Finance, LLC (“White Oak”), today announced it acted as administrative agent and lead lender on the funding of a $190 million senior credit facility of 17 skilled nursing facilities for BM Eagle Holdings, LLC (“BM Eagle”), a joint venture led by affiliates of BlueMountain Capital Management, LLC (“BlueMountain”). The facilities […]
April 12, 2018 Genesis to Exit Texas, Divest 24 Skilled Nursing Facilities Post-acute giant Genesis Healthcare, Inc. (NYSE: GEN) will completely exit the skilled nursing space in Texas, selling 23 facilities and transferring operations of a 24th by the middle of this year. The Kennett Square, Pa.-based operator announced the deal late Wednesday night, with the buyer identified as Regency REIT, LLC. That New York City-based real […]
December 14, 2015 Daughters of Charity finally closes on a deal Daughters of Charity Health System‘s fraught search for a buyer has ended. BlueMountain Capital Management Monday closed on a deal for the failing six-hospital system, now named Verity Health System. The Los Altos Hills, Calif.-based Daughters of Charity finalized the sale after losing one potential buyer and failing to reach a deal with another. BlueMountain, […]
December 3, 2015 Attorney General Kamala D. Harris Grants Conditional Approval of Daughters of Charity Health System Transaction with BlueMountain LOS ANGELES – Attorney General Kamala D. Harris today granted conditional approval of a transaction that will allow a change of control and governance of the Daughters of Charity Health System. The Attorney General’s approval includes strong conditions to ensure the continuity of essential healthcare services for vulnerable communities at the six health facilities and […]
